Early Monday, Xinhua reported that the GDP for the second quarter had slowed to 7.5%, as many economists had expected:
CHINA'S Q2 GDP GROWTH EASES TO 7.5 PCT
— Xinhua News Agency (@XHNews) July 15, 2013
Reuters earlier reported that the economic slowdown was predicted as Beijing pushes for reform:
A Reuters poll of forecasts by economists projected China’s economy grew 7.5 percent in the April-June quarter from a year earlier, slowing from 7.7 percent